Remsons Share Price Surges 17% After ₹300 Crore Order Win

Market Performance

Remsons share price witnessed a sharp rally of 17% during Thursday's trading session on the BSE, driven by a major business development.

• Opening Price: ₹120.05
• Intraday High: ₹139.80
• Intraday Low: ₹119.80

The sudden surge in investor interest pushed Remsons into the spotlight, marking it as one of the standout small-cap performers of the day.

Main News: Major Order From Stellantis, North America

In a significant milestone, Remsons Industries secured a massive order exceeding ₹300 crore from Stellantis N.V., North America, a major global automobile manufacturer.

This long-term agreement covers the supply of control cables for a wide range of Stellantis vehicles, including:

• Smart Cars
• Jeep Models
• Three-Wheelers

Delivery Timeline: Begins next financial year
Order Duration: 7 years

According to the company's exchange filing, both parties have finalized terms related to quality standards, delivery schedules, and pricing mechanisms.

“This is not just a new project; it is a moment that defines our journey,” said Rahul Kejriwal, Executive Director of Remsons Industries.

Company Details

Remsons Industries Limited, headquartered in Mumbai, has been a key player in the automotive component space for over 50 years.

The company caters to a wide range of vehicles, including:

• Two-Wheelers
• Three-Wheelers
• Four-Wheelers
• Commercial and Off-Highway Vehicles

Global Footprint

Remsons operates state-of-the-art manufacturing units in:

• India: Gurgaon, Pune, Pardi, Daman
• UK: Stourport, Redditch

This international presence supports its ability to deliver world-class products to global OEMs.

Summary

The Remsons share price jump highlights investor optimism after the company announced a landmark deal with Stellantis N.V., valued at over ₹300 crore. With a 7-year execution plan and a growing global footprint, Remsons continues to reinforce its standing as a trusted supplier in the automotive component industry.

As this order gets executed from the next financial year, Remsons could see a steady revenue boost over the long term.